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CIPS L4M4 Exam Syllabus Topics:

Section	Objectives
Topic 1: Understand options for sourcing of requirements from suppliers	- Single, dual and multiple sourcing - Sourcing strategies and approaches - Factors influencing sourcing decisions - Insourcing vs outsourcing decisions
Topic 2: Understand compliance issues when sourcing from suppliers	- Global sourcing considerations and Incoterms - Anti-bribery and anti-corruption measures - Codes of conduct and ethical standards - Modern slavery and human rights in supply chains - Ethical sourcing and corporate social responsibility (CSR) - Regulatory and legal compliance - Sustainability and environmental considerations
Topic 3: Understand the key processes that can be applied to the analysis of potential external suppliers	- Financial analysis of suppliers - Supplier appraisal and evaluation methods - Risk assessment in supplier selection - Supplier audits and due diligence - Use of Request for Information (RFI), Request for Proposal (RFP) and Request for Quotation (RFQ)

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최신 CIPS Level 4 Diploma in Procurement and Supply L4M4 무료샘플문제 (Q236-Q241):

질문 # 236
The procurement manager has supplier data: Current Assets = $300 (Stock $200, Debtors $60, Cash $40).
Short-Term Liabilities = $150 (Bank overdraft). Which calculation gives the current ratio?

A. 300 ÷ 150
B. 300 - 150 × 100
C. 300 - 200 ÷ 150
D. 300 - 200 ÷ 150 × 100

정답：A

설명：
The current ratio = Current Assets ÷ Current Liabilities. Here, Current Assets = 300; Current Liabilities =
150. Therefore, Current Ratio = 300 ÷ 150 = 2.0. This means the supplier has twice the assets available to cover short-term debts, indicating strong liquidity. The other options incorrectly subtract assets or liabilities, which is not the formula. Responsible sourcing emphasises interpreting ratios accurately: a ratio below 1 signals liquidity risks, while excessively high ratios may indicate inefficient asset utilisation.
Reference: CIPS L4M4 Study Guide (v2), LO: "Application" - current ratio calculation and interpretation.

질문 # 237
When working closely with a supplier, waste can be reduced which can lead to improved business functions and cost savings. Which of the following are wastes that can be removed from the supply chain? Select THREE.

A. Barriers
B. Waiting
C. Inventory
D. Over-analyzing
E. Motion

정답：B,C,D

설명：
The correct answers are; motion, waiting and inventory.
This is part of Ohno's 8 Wastes. You can remember this with the acronym Tim Woods; transportation, inventory, motion, waiting, over-production, over-processing, defects, skills.
This is only mentioned briefly in this module but comes up in other modules more in depth, so is worth memorising if you can.

질문 # 238
Mark is an audio visual category buyer in the public sector and is looking to purchase a large quantity of interactive screens for medical lecture rooms across a university campus. Mark expects this to cost in excess of £950,000 and suggests to his user group that a competitive tendering process should take place. Was this the right approach?

A. Yes, because the anticipated value requires a competitive tendering process to take place
B. Yes, as all public sector procurement should go through a competitive tendering process
C. No, because the competitive tendering process will be time-consuming for the university
D. No, competitive tendering should only be used when the value justifies the resources required

정답：A

설명：
In the public sector, procurement activities exceeding certain financial thresholds are required to undergo competitive tendering processes. The anticipated expenditure of £950,000 surpasses the threshold that mandates a formal tendering procedure to ensure compliance with public procurement regulations, promote competition, and achieve value for money.
Exact Extract from Study Guide:
"Public sector procurement activities that exceed specified financial thresholds must follow formal competitive tendering procedures to ensure transparency and compliance with regulations."

질문 # 239
A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and make sure the selected supplier of this item is in a good financial position. What should the company ask the suppliers to send to show that their current assets cover their current liabilities?

A. Gearing ratio
B. Annual turnover
C. Profit and loss account
D. Acid test

정답：D

설명：
The acid test, also known as the quick ratio, measures a company's ability to cover its current liabilities with its most liquid assets, excluding inventory. It is a stringent indicator of short-term financial health. By requesting this ratio, the company can assess whether a potential supplier has sufficient liquidity to meet its obligations, which is crucial when procuring strategic items.
Reference:
CIPS Level 4 Diploma in Procurement and Supply, L4M4 Study Guide, Section 2.3: Financial Appraisal of Suppliers

질문 # 240
Jack Green is planning to use competitive tendering to source a new component for a new product that the customer research department has been developing for the domestic market. Jack is intending to use an open tender process. Which of the following aspects must Jack consider if an open tender procedure is to be used?

A. The price will be the only criterion for supplier selection
B. The tender will only be advertised in marketing journals
C. The bidders must be pre-qualified prior to invitation to tender
D. There must be an adequate number of suppliers in the market

정답：D

설명：
In an open tender process, any supplier can submit a bid, and there is no pre-qualification stage. This approach is suitable when the requirements are well-defined, and there is a sufficient number of suppliers in the market to ensure competition. However, if too many suppliers respond, it can lead to an overwhelming number of bids to evaluate. Therefore, it's essential to consider the number of potential suppliers in the market before opting for an open tender.
Exact Extract from Study Guide:
"Open procedure - used for well-specified requirements and there is no pre-qualification of bidders. Many suppliers could submit a bid, which could result in lots of bids to assess, so the open procedure is normally only used where the number of potential bidders is expected to be relatively low."

질문 # 241
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CIPS L4M4인증시험에 응시하고 싶으시다면 좋은 학습자료와 학습 가이드가 필요합니다.CIPS L4M4시험은 it업계에서도 아주 중요한 인증입니다. 시험패스를 원하신다면 충분한 시험준비는 필수입니다.

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